Ohio

Deal Digest: Ohio Midland Expands West Virginia Group. | Story

Station sales

Wheeling, West Virginia – Ohio Midland Newsgroup 885,000 to buy Country “Biggie 100.5” WBGI-FM, Classic Rock “Rocky 96.5” WRQY, Classic Hit “Kool 105.5” WUKL, Classic Country “Willy 1290” WLIE from Forever Media Signed a dollar contract. The agreement also includes Wheeling for 100.1 FM, which broadcasts WLIE simultaneously, and WV licensed translator W261DH. Ohio Midland Newsgroup already owns the classic rock “106.3 The River” WCDK and “River Talk 1430” WEIR in the wheeling market.

In another related transaction, Forever Media will pay $ 10 to purchase West Virginia licensed translator W235BX from Ohio Midland Newsgroup for 94.9 FM. The signal will be immediately leased back to Ohio Midland for $ 1,200 a year as part of a 15-year lease.

Bozeman, Montana – Cameron Maxwell’s Desert Mountain Broadcasting submits $ 300,000 transaction to purchase KBOZ-FM (99.9), KOBB-FM (93.7), KOZB (97.5), KOBB (1230), and KBOZ (1090) from Reier Broadcasting Did. All five stations are not currently airing and are overseen by recipient Richard J. Samson. Desert Mountain Broadcasting will sign on under a local marketing agreement before closing. We already own the KYWL (1490Z) and the K281CX translator licensed by Bozeman, Montana on the market at 104.1FM. Maxwell previously worked for the Liar Broadcasting Station in the early 1990s.

Phoenix – Jacob Garcia’s La Hermosa Radio has submitted a $ 150,000 transaction to purchase KPHX (1480) from the Michael Radio Group. The agreement also includes the Paradise Valley of Arizona-licensed translator K225CT (92.9 FM). Filing shows that the $ 75,000 promissory note is also part of the sale. La Hermosa Radio does not own any other station.

Montana – Rich Solveberg’s Sun Mountain Broadcaster files KHDN, Hardin, MT (1230) for transfer to Chris Colt Lander’s Montana Radio Broadcasting Company without financial consideration. Kortlander does not own any other station.

Translator sales

Ann Arbor, Michigan – AlKresta’s Ave Maria Communications has signed a $ 105,000 contract to purchase Dexter, Michigan-licensed translator W300CO from Spring Arbor University for 107.9 FM. This is the first purchase of Avenue Maria Communications, which simultaneously broadcasts the religious “Avenue Maria Radio” WDEO (990) on the signal. After the sale ends, Spring Arbor University will own the Contemporary Christian “89.3 The Arbor” WJKN and the Contemporary Christian “Home FM 106.9” WSAE in the Ann Arbor region, in addition to the other three FM translators. Brokers: Jon Yinger, Broadcast Properties

Missouri – Radio Vida Kansas has submitted a $ 80,000 transaction to purchase the licensed K224ET in Kingsville, Missouri from Alpine Broadcasting at 92.7 FM. Broker: Sandi Bergman

New Mexico – Educational Media Foundation has submitted a $ 20,000 transaction to purchase the licensed translator K284DA from Clovis, New Mexico from David Magnum for 104.7 FM. EMF broadcasts its contemporary Christian “K-Love” format as a signal. Brokers: Todd Hartman, Kalil & Co.

Closing

Baltimore – Public Radio Corp. NewsTalk / Jazz WYPR (88.1) has closed a $ 3 million deal to buy an adult alternative WTMD (88.7) from Towson University. WYPR expects to maintain the current format of WTMD. WTMD is run by Towson University Public Media, a non-profit organization affiliated with Towson University since 2014. In addition to WYPR’s Baltimore licensed 88.1 FM signal, WYPR will be broadcast simultaneously on WYPF, Frederick, MD (88.1) and WYPO, Ocean City. , MD (106.9). Brokers: Patrick Communications (for sellers) and Public Media Company (for buyers)

Salina-Manhattan, Kansas – Christofer Shank is the country “Kicks 106” KXKU, CHR “Hit Radi” KSKU (94.7), classic rock KNZS (100.3), classic hit KWHK (95.9), Clifford and Vicky Shank, Sugennings, Michael Hill. Christopher Shank is the son of Clifford and Vicky Shank. According to Filing, the proceeds from the sale of shares will be allocated to Michael Hill at $ 171,137.50, Clifford Shank at $ 1,028,250.00 and Vicky Shank at $ 20,612.50. These amounts will be paid at 4.5% interest for 10 years. Sue Jennings was to be paid $ 15,000 at the time of closing.

Kansas City – Radio Vida Kansas has signed a $ 425,000 deal to purchase the “Real Country 1030” KCWJ from Stayton Communications. Radio Vida Kansas currently owns a religious KZGC in Garden City, Kansas (91.9) in western Kansas.Also Submit a $ 775,000 transaction Purchase the talk “Fox News Radio 1410” KKLO from Leavenworth, Kansas from Vision Communications.

Arkansas – Bunyard Broadcasting has signed a $ 350,000 contract to purchase the AC “Eureka SpringsRadio 100.9” KESA from Caleb Corp. Bunyard Broadcasting already owns “Your Country 107.1” KTHS-FM and classic rock “The Legend” KTHS (1480) in the area.

South Carolina – Thomas Patterson’s Large Time Radio Network has closed a $ 1,175 deal to purchase Oldies WPCC, Clinton, South Carolina (1410) from Laurens County Communications. Patterson already owns the SC-licensed translator W243DU at 96.5 FM, which broadcasts WPCC simultaneously.

Deal Digest: Ohio Midland Expands West Virginia Group. | Story

Source link Deal Digest: Ohio Midland Expands West Virginia Group. | Story

Related Articles

Back to top button